Snowflake Inc. (NYSE:SNOW) Q3 2025 Earnings Conference Call November 20, 2024 5:00 PM ET

Company Participants

Jimmy Sexton - Head of IR
Sridhar Ramaswamy - CEO
Mike Scarpelli - CFO
Christian Kleinerman - EVP of Product

Conference Call Participants

Mark Murphy - JPMorgan
Keith Weiss - Morgan Stanley
Kash Rangan - Goldman
Raimo Lenschow - Barclays
Kirk Materne - Evercore
Brad Zelnick - Deutsche Bank
Brent Thill - Jefferies
Michael Turrin - Wells Fargo
Alex Zukin - Wolfe Research
Brad Sills - Bank of America

Operator

Good afternoon. Thank you for attending the Snowflake Q3 Fiscal 2025 Earnings Conference Call. My name is Matt and I'll be your moderator for today's call. All lines be muted during the presentation portion of the call for an opportunity for questions-and-answers at the end. [Operator Instructions]

I'll now have to pass the conference over to our host, Jimmy Sexton, Head of Investor Relations. Jimmy, please go ahead.

Jimmy Sexton

Good afternoon, and thank you for joining us on Snowflake's Q3 Fiscal 2025 Earnings Call. Joining me on the call today is Sridhar Ramaswamy, our Chief Executive Officer; Mike Scarpelli, our Chief Financial Officer; and Christian Kleinerman, our Executive Vice President of Product, who will participate in the Q&A session.

During today's call, we will review our financial results for the third quarter fiscal 2025 and discuss our guidance for the fourth quarter and full year fiscal 2025. During today's call, we will make forward-looking statements, including statements related to our business operations and financial performance. These statements are subject to risks and uncertainties, which could cause them to differ materially from our actual results. Information concerning these risks and uncertainties is available in our earnings press release, our most recent Forms 10-K and 10-Q, and our other SEC reports.

All our statements are made as of today based on information currently available to us. Except as required by law, we assume no obligation to update any such statements. During today's call, we will also discuss certain non-GAAP financial measures. See our investor presentation for a reconciliation of GAAP to non-GAAP measures and business metric definitions, including adoption. Earnings press release and investor presentation are available on our website at investors.snowflake.com. A replay of today's call will also be posted on the website.

With that, I would now like to turn the call over to Sridhar.

Sridhar Ramaswamy

Thanks, Jimmy. And hi, everyone. Thanks for joining us today. As you've seen by now, we had a strong third quarter, outperforming expectations and increasing our FY25 product revenue guide. More and more it is clear that our customers believe Snowflake is the easiest and most cost effective. [technical difficulty]